Pay & Work calculator

Korea Freelancer 3.3% Calculator

Calculates the 3.3% withholding commonly applied to Korean independent contractor payments.

STEP 1

Enter your values

RESULT

Estimated net payment

₩1,934,000

Net amount after estimated Korean withholding.

Income tax 3%−₩60,000
Local income tax 0.3%−₩6,000
Total withholding rate3.3%

The 3.3% is withholding, not final tax. The final amount may change after the annual comprehensive income tax filing.

How it works

Korea Freelancer 3.3% Calculator formula

Gross payment × 96.7% = estimated net payment

Deducts 3% income tax and 0.3% local income tax.

Example

Example calculation

From KRW 2,000,000, KRW 66,000 is withheld and the estimated payment is KRW 1,934,000.

Standard
South Korea business-income withholding assumption: 3.3%
Last reviewed
August 10, 2026

Standards and sources

Calculated from official or reliable reference material.

Questions

Korea Freelancer 3.3% Calculator FAQ

What should I enter in the Korea Freelancer 3.3% Calculator?

Enter the requested values and the result will update immediately. Review the formula, assumptions and exclusions below the result.

Is the result an official amount?

No. It is an estimate based on the entered conditions and stated assumptions. Confirm important tax, insurance, employment or financial decisions with the relevant institution or a qualified professional.

Are Korean rules used?

Yes. This calculator applies commonly applicable South Korean rules reviewed for 2026.

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